By: Noble, Cook, Capriglione, Leo-Wilson, H.B. No. 219       Frazier, et al.     A BILL TO BE ENTITLED   AN ACT   relating to the release of a deed of trust or other contract lien   securing a home loan after payoff by mortgagor.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter B, Chapter 343, Finance Code, is   amended by adding Section 343.108 to read as follows:          Sec. 343.108.  RELEASE OF LIEN AFTER PAYOFF BY MORTGAGOR.   (a)  In this section:                (1)  "Mortgage servicer," "mortgagee," and "mortgagor"   have the meanings assigned by Section 51.0001, Property Code.                (2)  "Release of lien" means a release of a deed of   trust or other lien securing a home loan.          (b)  Except as provided by Subsection (c), not later than the   60th day after the date a mortgage servicer or mortgagee, as   applicable, receives the correct payoff amount for a home loan from   a mortgagor, the mortgage servicer or mortgagee shall:                (1)  deliver to the mortgagor a release of lien for the   home loan; or                (2)  file the release of lien with the appropriate   county clerk's office for recording in the real property records of   the county.          (c)  If, on or before the 20th day after the date of the   payoff of the home loan, the mortgagor delivers a written request to   the mortgagee or mortgage servicer for the release of lien to be   delivered to the mortgagor or filed with the county clerk, the   mortgagee or mortgage servicer shall deliver or file the release of   lien not later than the 30th day after the date the mortgagee or   mortgage servicer receives the written request from the mortgagor.          (d)  Chapter 349 does not apply to this section.          (e)  A mortgage servicer is required to comply with this   section only if the mortgage servicer has the authority to deliver   or file a release of lien for the home loan.          SECTION 2.  To the extent of a conflict between Section   343.108, Finance Code, as added by this Act, and a provision of a   home loan agreement entered into before the effective date of this   Act, the provision of the home loan agreement prevails.          SECTION 3.  This Act takes effect September 1, 2023.